The Billion Dollar Beer Industry Gives Aladdin Beverage (ADTJ.PK) Plenty of Potential
The beer $91.6 billion dollar industry exceeds other alcohol sectors. The President of Aladdin Beverage stated, “Imported beer continues to sell well despite the stagnation of overall beer volume sales in the U.S. There is an overall shift in the consumer preferences from domestic beer to imported beers and that change puts us in a great place at the right time to capitalize on this." According the The California Beer Newsletter, imported beer far exceeds craft beer sales. A Washington-based trade organization estimates that imports reached 25.9 million barrels in 2006, which is a substantial increase compared to previous numbers.…